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Friday, October 1, 2010

Postal Service expects $6 billion loss this year


The Postal Service expects to lose about $6 billion this year because of steep declines in mail volume....

Postal service denied rate increases for mail

The Postal Service's bid to raise the cost of mailing a letter by 2 cents was rejected Thursday, denying the agency immediate relief...

Wednesday, September 29, 2010

AIG's Miller says U.S. may profit on bailout


American International Group Inc is seeing plans to free itself of U.S. government support start to come together two years after it was bailed out...

Monday, September 27, 2010

Judge refuses to dismiss AIG lawsuit

A judge refused to dismiss a securities fraud lawsuit accusing American International Group Inc of misleading investors about its exposure to subprime mortgages, which led to a liquidity crisis and $182.3 billion of federal bailouts...

Sunday, September 26, 2010

Computer attacks linked to wealthy group or nation


A powerful computer code attacking industrial facilities around the world, but mainly in Iran, probably was created by experts working for a country or a well-funded private group...